Cross-sector diversification in financial conglomerates: simulations with a fair-value assets and liabilities model

Risk diversification is one of the many reasons for cross-sector mergers of financialinstitutes. This paper presents a fair-value type asset and liability model in order to identify diversification effects for financial conglomerates (PCs) under various shocks. My analysis for the Netherlands reveal...

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Bibliographic Details
Main Author: Jacob A. Bikker
Format: Article
Language:English
Published: Associazione Economia civile 2002-12-01
Series:PSL Quarterly Review
Subjects:
Online Access:http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/9915/9797